I always would like to choose to hold and my favourite coins is Bitcoin and Ethereum. Many ico's now opened based on Ethereum platform. Bitcoin is good for both long term and short term investment. But Ethereum is good for long term investment. Both coins price are unstable now so now invest in these coins and wait till its prices increases. Surely the price will increase in near future. At that time we can sell the coins and earn good profit.
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Its a very good idea to invest in NEO coin. Neo coin is a very good long term coin to invest. Now many projects are coming based on Neo platform. Neo is one of the promising and top ten coins in the coinmarketcap. So invest in neo will give moreprofit in future. The value of neo is very cheap right now. Lets use this opportunity to invest in neo and have a bright future. Surely the value will increase by the end of this year.
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Now so many good coins available in the market. Most of the coins are now with high potential. In that i choose some of the coins to buy right now. Ethereum Ripple Neo Bitcoincash Monero Check with coinmarket cap about these coins growth and chart of the coins. Then only we have clear idea about to invest which is the best coins to invest right now.
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Electrum wallet is the best wallet for android. Because it supports segwit address. And it is based on two factor authentication and this wallet is very safe and secure wallet to use. This wallet is suits for both android and desktop. The transaction fee is also reasonable in this wallet. Many bitcoin users support this wallet only. Other wallets such as Mycelium, samourai wallets are also good to use.
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Sure it will be declare as legal in all countries but not immediately, it will take long time to accept. Because of bitcoin popularity and growth many countries now declared bitcoin as legal in their country. The others keep watching closely the countries economic growth of bitcoin accepted countries. If the change is good and the economic growth is high means automatically the other countries also consider and accept bitcoin as legal in their country.
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Market will recover but not immediately it will take some months to recover. Due to many false news coming about bitcoin would make people to get panic and dump their coins. They are not ready to invest in bitcoin. This makes market down and now it struggles to liftup. When the news change to positive current situation is totally change. From the year started itself bitcoin is struggling to increase. Now the correction has done hope hereafter the price will increase.
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There are so many rumours coming about bitcoin daily. Rumours such as bitcoin going to be ban, hereafter the price will not increase. Like these negative news people get mire panic and ready to sell their coins. This makes market goes dump. This is normally happens in the coinmarket. But bitcoin will overcome all these problems and ready to increase in future. In future surely the price of bitcoin will increase till that you can hold the bitcoins and gain huge money.
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One by one countries now accepting bitcoin and announced as legal. Due to its popularity and growth soon it is accepted by all countries. Leading countries such as Singapore, Switzerland, United States, Canada, Japan, Russia and Belarus. These are the countries now accepted bitcoin and run successfully in their country. Soon it will spread to other countries also. We can expect many countries in future to accept bitcoin.
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Both coins have good future invest in both coins will result in high profit in future. Both are good for long term investment. Compare to litecoin, Ethereum has high potential and promising coins. Many projects are now opened based on ethereum blockchain. Ehtereum is the second strongest coin after bitcoin in the crypto world. So the growth is more when compared to Litecoin. Litecoin is very low in its price when compared to ethereum. Buy both coins now and hold it for long time it will give more profit.
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Day by day there are so many platforms opened for exchange bitcoin and altcoins. Not one or two so many traders use the exchanges and trading as main job. Most familiar and common exchanges used by bitcoin users is
Binance Bittrex Kucoin Kraken Hitbtc.
These are exchanges oftenly used by bitcoin users to trade the coins. These exchanges are very secure and safe for buy and sell bitcoin.
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I think government will never accept bitcoin as their national currency. Every country has its own currency to use. Because the price of bitcoin is not stable, like paper currency. Once it is accepted by the government the economy of the country will be healthy and wealthy. It takes government to take long time to accept bitcoin. It's a decentralized money and does not require any banks and it cannot controlled by the government.
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No i wont think so, because the price is not uplift. Normal fluctuations only happen in the bitcoin. It doesn't go high and doesn't go very low. It struggles between 5 to 6. In between there are so many fluctuations is going on. This week is not good for bitcoin only one day the price increase high after that it would be in decrease range. We cannot say in this situation bitcoin is uplift. Surely bitcoin will increase now the correctiom period is over hereafter the price starts to increase as we expect.
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Bitcoin does not have any age limit to use, if you have enough knoweldge about bitcoin it is enough to use bitcoin and earn through bitcoin. You no need to provide your id or other details for transactions. If you want to convert bitcoin in to local fiat just you have to keep your bank transaction details. It is enough for local exchanges. Some traders would ask to produce your id or documents to verify. Not all traders want such details.
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Litecoin is in the top coins list in the coinmarketcap. Surely the price will.goes up as markets move forwards. But it is the strongest coin to hold for long term. All coins based on bitcoins price. When the price of bitcoin will goes up most of the altcoins price are also increasing. It has a big potential in the market. It will rise not immediately but slowly it takes time to reach in high value.
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Ehtereum is the best coin to buy, it has a high potential and promising coins with strong team. ETH is the second strongest coin in the crypto world. The value of eth is now low this is the moment to buy this coin. Just buy this coin now and hold it for long time till its price touch $1000. But soon it will happen, till that you have to wait with patience. Then only the you can gain large amount. It is one of top coins in the coinmarketcap. So surely the coin will pump jn future.
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When the price of bitcoin is very low at that time is the best time to buy bitcoin. Because buying bitcoin in small amout and sell it high price will give you more profits. Otherwise there is no use of invest in bitcoin. Once you buy bitcoin at low and hold till the price will reach high. Then only you can earn more benefits. Now the price is increasing slowly but in near future it will boom in the market.
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Bitcoin is the competitor to local fiats. When you invest in banks the interest should be low and you have to wait for long time to see the profit. But that profit is also not high, but if you invest in bitcoin you could see the profit in short term itself. The profit is also very high when compared to lacal fiat's banks interest. Another main reason is tax problem for bitcoin money we no need to pay tax this is not applicable in banks transaction. People use bitcoin only for their transactions when it is accepted by banks. The local currency has no value and it will disappear in future.
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The negative news spread about bitcoin recently. Like bitcoin is going to ban, hereafter the price of bitcoin will not increase. Due to this reason people get panic and they are ready to sell their bitcoin. Investors dont want to take risk to invest in bitcoin. People not understand this price volatality is common and it happens every year. The price is not going down, it struggles to increase. If market recovers the price of bitcoin will reach to very high level.
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Who said it will not recover there is ups and downs always occur in all fields. Likewise in crypto world now its the rime for fluctuations. The price will goes pump and dump, but not goes fully in dump. If the price decrease means there is a chance to mass growth in future. I had a hope in bitcoin that it will recover soon, if not also i would stay in bitcoin only. Because all are know in future in cryptocurrencies only occupy the money market.
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There is a big competition is going on between local currency and cryptocurrecies. If crypto enters in to the market surely it will disappear the local currency. Because the benefits is large when compared to local currency. So people automatically use cryptocurrency only. In future surely bitcoin will rule the crypto market.
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